CMC Markets vs. FP Markets Comparison

This comparison overview assists customers that have a hard time to select in between CMC Markets and FP Markets to discover the most effective online broker for their trading and investment needs. It evaluates the main features of the two brokers side-by-side to help individuals contrast their solution and make a notified choice.

To help users choose the appropriate broker between CMC Markets and FP Markets to find the best-suited system, listed below is a checklist of broker’s advantages and disadvantages, followed by a comparison of their major trading functions, including trading platforms & devices, costs, mobile trading, down payment & withdrawal, assets, regulation, and consumer support.

CMC Markets vs. FP Markets: Summary

CMC Markets logo

CMC Markets is a UK based online broker founded in 1989. It is regulated by three tier-one regulators including the FCA, ASIC and CIRO. Users can trade on over 12.500 tradable instruments including shares, forex and CFDs.

CMC Markets proprietary trading platform called Next Generation offers various advanced trading tools, an extensive education section and reliable trade execution.

CMC Markets charges low forex spreads from 0.7 pips (EUR/USD) and 0% commission. Additional bonuses and rebates for active traders makes CMC Markets a low cost broker.

CMC’s customer service is available by phone, email and live chat only 24/5 (from Sunday to Friday night).

FP Markets logo

FP Markets is a multi-asset broker regulated by two tier-one regulators (the CySEC and ASIC). It offers access to over 10,000 tradable symbols across a variety of markets including forex, shares, commodities, cryptocurrencies and CFDs. FP Markets charges low spreads from 0.1 pips (EUR/USD) on their cTrade and MetaTrader accounts without any commission. The broker also offers negative balance protection, up to 30:1 leverage and access to a free NY4 VPS server.

The minimum deposit at FT Markets is $100. Their customer service is available 24/7 by phone, email and live chat.

Pros

  • Low minimum deposit ($0)
  • Low average spreads from 0.73 pips EUR/USD
  • Fast and reliable trade execution
  • Great research tools and educational materials
  • Bonus and rebate program

Cons

  • High stock trading fees
  • Customer service availability is limited (24/5)

Pros

  • Low minimum deposit ($100)
  • Low spreads from 0,0 pips EUR/USD
  • Compatibility with MT4, MT5 and cTrader
  • Free VPS server
  • Fast account opening

Cons

  • Only CFD and forex trading
  • Demo account is not unlimited

Key features

  • Competitive forex spreads
  • MT4 Compatibility
  • Access to 338 forex pairs and 9,000 shares
  • Comprehensive market research tools
  • Beginners and advanced trading features
  • Competitive pricing

Key features

  • Access to 10,000 tradable symbols (CFDs on forex, stocks, ETFs..)
  • Compatibility with MT4, MT5 and cTrader
  • MAM/PAMM accounts availability
  • Islamic account availability
  • Excellent copy trading features (Myfxbook Autotrade)
  • Wide range of advanced trading tools (Autochartist, Traders Toolbox)

CMC Markets vs. FP Markets Comparison

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Compare brokers
CMC Markets logo

CMC Markets

Open account Read review

65% of retail CFD accounts lose money

FP Markets logo

FP Markets

Open account Read review

75.31% of retail CFD accounts lose money

BROKER COMPARISON

CMC Markets logo
FP Markets logo

Overall rating

4,0/5

4,3/5

Overall rating

4,0/5

4,3/5

Trading Platform & Tools

4.2

4.2

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 1:500
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.7

5.0

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0
Cost Per Trade 0 0
Cost Per Month £10 0
Forex (EUR/USD) 0.7 pips $3 per lot per trade + 0 pips
Stocks & ETF 0 0.13 pips
CFD (Gold) 3.4 pips 0.13 pips
Crypto 0 9.13 pips
Options 0 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

1.9

3.1

See details
Minimum deposit (in UAE) 0 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.2

3.1

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 330 63
CFD Indices & Funds 98 14
CFD Stocks 9500 9000
CFD Commodities 100 10
CFD Crypto 0 4
CFD Bonds 50 2
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

CMC Markets vs. FP Markets Comparison Conclusion

The outcomes of our comparison of CMC Markets vs. FP Markets are involved the table listed below.

Broker:Best For:
CMC MarketsForex and CFDs
FP MarketsForex and CFD trading with low fees

Picking the appropriate option in between CMC Markets and FP Markets can be challenging. Both on the internet brokers have similarities but differ regarding trading tools, platforms & applications, regulation, down payment & withdrawals, and research study and education and learning. Choosing the very best broker depends upon individuals’ trading & investment objectives, specific choices, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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